Crypto Exchange Terms and Conditions

Revolut X Terms

1. The Basics

Why this information is important

These terms and conditions (the “Terms”) govern the relationship between you and us and apply when you access the Revolut Crypto Exchange Web Terminal (“Revolut X”) and:

Buy and sell cryptoassets for money (and vice versa).
Top-up and withdraw cryptoasset and money balances.

We call the above services our “Revolut X Services”. Our Revolut X Services, or certain features of our Revolut X Services, may only be available in certain geographic locations.

To use our Revolut X services, you must create a “Revolut X account”. Your Revolut X account is a ‘virtual’ account that can hold balances of cryptoassets and money in certain supported currencies, which you can use to buy or sell cryptoassets on Revolut X.

By using our Revolut X Services, you agree to the Trading Rules. These Terms and Trading Rules form a legal agreement (the “Agreement”) between you and Revolut Digital Assets Europe Ltd (previously RT Digital Securities Cyprus Ltd )(“we”, “us”).

We are a Cyprus company registered with the Cyprus Securities and Exchange Commission (“CySEC”) to offer cryptoasset services under the Prevention and Suppression of Money Laundering and Terrorist Financing Law. Our CySEC registration number is 001/22 and our company registration number is ΗΕ430310.

You can access a copy of these Terms through one of our support agents and the Revolut X website. These Terms should also be read in conjunction with our Community Standards.

Relationship to other services

These Terms do not govern any crypto services provided to you by us or another Revolut group company under the Cryptocurrency Terms. If there is any inconsistency between these Terms and the Cryptocurrency Terms, these Terms will apply.

These Terms do not govern payment or other regulated services related to your payment account with a company in the Revolut group (a “Revolut account”).

Depending on where you live, the company which provides you with your Revolut account and payment services may be Revolut Bank UAB, or Revolut Bank UAB through its branch office (we call this company your “Revolut account offering entity”). The Personal Terms, Fees page and any other documents that relate to your Revolut account form a legal agreement between you and the Revolut account offering entity.

Save for the limits and restrictions set out in these Terms or the Trading Rules, the money in your Revolut X account is governed by the Personal Terms of your Revolut account offering entity. If there is any inconsistency between these Terms and the Personal Terms of the Revolut account offering entity, these Terms will apply.

2. Risks

Cryptoassets are not like the money in your Revolut account. Cryptoassets are high risk investments, and in Cyprus they are regulated by CySEC only for the purposes of anti-money laundering and counter-terrorist financing.

You should not invest in cryptoassets unless you’re prepared to lose all the money you invest, and understand the following risks:

Unlike normal money, when you buy, sell or transfer cryptoassets you are dealing with something digital, not something tangible. This means that, like any other digital system, cryptoassets are at risk of being hacked or affected by technical problems. This could result in you losing your cryptoassets or delay your ability to sell, transfer or spend it.
The regulation (or lack of regulation) of cryptoassets and crypto service providers can change at any time. Any change is likely to affect the value of cryptoassets.
The value of cryptoassets can fall (and is more likely to do so than normal money is). This could happen if, for example, a new, better cryptoasset is created, software developers make unexpected changes to how the cryptoasset works, or there is a change in cryptoasset regulation.
The price or value of cryptoassets can rapidly increase or decrease at any time. It may even fall to zero. This could happen if, for example, a new, better cryptoasset is created, software developers make unexpected changes to how the cryptoasset works. No bank or government can stabilise the value of cryptoassets if it changes suddenly.
When you use our Revolut X Services, you will not be protected by the European Deposit Guarantee Scheme ("DGS") or Cyprus Investor Compensation Fund, and if you have a complaint it is not likely to fall within the scope of the jurisdiction of the Financial Ombudsman of the Republic of Cyprus.

You can check our Crypto Risk Summary for more information about the risks of investing in cryptoassets.

3. Eligibility

To create a Revolut X account you must:

Be 18 years of age or older and reside in a country in which the Revolut X Services are accessible.
Have a Revolut account.
Have onboarded to receive crypto services in the Revolut mobile application (“Revolut app”), and agreed to the Cryptocurrency Terms.

4. Revolut X account top-ups and withdrawals

Cryptoasset top-ups

You can top-up your Revolut X account with the cryptoassets held in your cryptoasset pocket in the Revolut app. We may only support top-ups of certain cryptoassets, which may change at any time and without notice. You can also withdraw cryptoassets from your Revolut X account to your cryptoasset pocket in the Revolut app.

Any cryptoasset balance in your Revolut X account can only be used for Revolut X Services. Additionally you may also withdraw cryptoassets from or to an external wallet. You will not be able to use the cryptoassets in your Revolut X account for any other crypto services we may provide to you under the Cryptocurrency Terms such as transferring cryptoassets to other Revolut customers, buying and selling cryptoassets using the Revolut app, spending cryptoassets, or staking cryptoassets. You will need to withdraw the cryptoassets from your Revolut X account to your cryptoasset pocket in the Revolut app in order to use these services. Subject to the foregoing restrictions, cryptoasset balances in your Revolut X account are governed by the Cryptocurrency Terms.

Fiat top-ups

You can top up your Revolut X account with the money held in your Revolut account. We may only support top-ups of money in certain fiat currencies (for example, US Dollars), which may change at any time and without notice. You can also withdraw money from your Revolut X account to your Revolut account.

Any money balance in your Revolut X account can only be used for Revolut X Services. You will not be able to use the money in your Revolut X account for any of the payment or other regulated services related to your Revolut account provided to you by your Revolut account offering entity. This includes changing money from one currency to another, transferring money to other Revolut accounts, or making payments and withdrawing cash using your Revolut Card. You will need to withdraw the money from your Revolut X account to your Revolut account in order to use these services. Subject to the foregoing restrictions, money balances in your Revolut X account are governed by the Personal Terms of your Revolut account offering entity.

Limits

We may impose limits or minimums on the amount of cryptoassets or money that you can withdraw from your Revolut X account. We will tell you the amount of any limit or minimum on Revolut X.

Liability

We won’t be liable for any losses resulting from any delay or failure in processing any top-up or withdrawal of cryptoassets or money to or from your Revolut X account (for example, any change in the value of cryptoassets that occurs between the time cryptoassets are transferred from your cryptoasset pocket in the Revolut app to your Revolut X account, or vice versa).

5. Trading cryptoassets

The Revolut X Services allow you to:

Buy cryptoassets in exchange for money in your Revolut X account; or
Sell cryptoassets in your Revolut X account in exchange for money.

We may only support certain cryptoasset and fiat currency trading pairs, which may change at any time and without notice. When you buy or sell a cryptoasset in exchange for money, we will work with the Revolut account offering entity to make a payment into or out of your Revolut X account. By confirming a purchase order, you give us permission to instruct your Revolut current account offering entity to transfer an amount of money equivalent to the value of your order from your Revolut current account without any further instruction from you. This permission will be applicable to all ways of buying cryptoassets set out below. In case of insufficient balance in your Revolut current account, your order will be rejected.

Orders

You can buy or sell cryptoassets by placing an order of the type permitted under the Trading Rules. Depending on your geographic location, certain order types may not be available to you, or may be subject to additional terms and conditions made available to you through Revolut X. Order types may be limited to certain cryptoassets, and not all cryptoassets may be available for every order type.

You cannot cancel any order you have placed unless we tell you otherwise in these Terms or the Trading Rules. We may refuse any cancellation request at our sole discretion where you have the opportunity to request cancellation of an order before it is executed. If we allow a cancellation request, that doesn’t mean we will allow the same or similar cancellation request in the future.

If the value of the cryptoassets you are selling is less than 0.01 of your account base currency (i.e. less than EUR 0.01) we will not be able to provide any fiat currency in exchange for your cryptocurrency sale. Such transactions are minimal and do not meet our minimum thresholds for conversion into fiat currency.

Due to our internal processes, we will hold title to your cryptoassets on your behalf, pending completion of our treasury sweeps. During this time, you will not have any rights in relation to the cryptoassets you have sold.

Market price

Any market price displayed for buying or selling cryptoassets on Revolut X is dynamic, and estimated based on the open orders in the order book at a specific time. This means it is constantly changing, and may depend on a combination of factors, including the type of cryptoasset, market liquidity, and market volatility. The market price for purchasing cryptoassets may not be the same as the market price for selling cryptoassets, and may vary depending on order type.

We do not guarantee the availability of any market price, for any order type. Any market price indicated on Revolut X may only be valid for a specific period and/or for a specific volume of cryptoassets, and may differ from market prices displayed on third party cryptoasset exchanges or platforms.

Execution

When you place an order, you instruct and authorise us to execute your order in accordance with the Trading Rules and the specifications of your order.

We will make reasonable efforts to execute your order in accordance with your instructions, however we can’t guarantee:

The order will be executed at a particular time, or at all.
The order will be executed at the particular price shown to you at the time you place your order.
The order will be executed in whole or in part, including if your order is set to execute only at a certain price or if other conditions are met.

We will not be liable for any losses you suffer as a result of the actual price at which your order is executed being different to the current market price or the market price indicated by the Revolut X Services at the time you placed your order.

All executed orders are final and non-reversible, unless otherwise specified in these Terms or the Trading Rules.

Your orders are executed by us in accordance with our Order Handling & Best Execution Policy. By confirming an order, you expressly acknowledge and consent that your order will be executed in accordance with our Order Handling & Best Execution Policy.

Restrictions

We may stop you from placing an order, cancel an open order, or refuse to execute an orderin our sole discretion, but the reasons why we might do this include:

There is not enough liquidity available in the market.
There are not enough cryptoassets or money in your Revolut X account to place or execute the order, or to pay any applicable fees.
We have good reason to suspect that your order is for illegal purposes (for example, to commit fraud).
Your use of the Revolut X Services breaches these Terms or the Trading Rules (for example, we have good reason to believe that you have engaged in market manipulation, or abusive use of the Revolut X Services).
We have good reason to believe that your order could negatively affect our reputation or goodwill.
Our Revolut X Services, or another third party we work with to provide our Revolut X Services, are not available (for example, as a result of a service or network impact incident).
We are required to do so to meet our regulatory obligations.
We may also stop you from placing an order, cancel an open order, refuse to execute an order, or reverse any successfully executed order when we reasonably believe a serious technical error has occurred (for example, as a result of a service or network impact incident) resulting in an order being placed or executed, in a way not contemplated by these Terms or the Trading Rules, or in a way that has an obvious error with respect to price, volume, or other parameters. When this happens, you instruct and authorise us to take all reasonable steps to restore you, and any other user of the Revolut X Services affected by the error, to the position they would have been in had the error not occurred.

Limits

We may limit the amount of cryptoassets you can buy or sell, or the number or type of orders you can place. We will tell you the amount of any limit on Revolut X.

Liability

We won’t be liable for any losses that result from us stopping you from placing an order, cancelling an open order, refusing to execute an order, reversing a successfully executed order, or from imposing limits or restrictions on the amount of cryptoassets you can buy or sell, or the number or type of orders you can place.

6. Fees

We will charge a fee on any successfully executed orders. Fees are estimated, applied, and charged in accordance with the Trading Rules.

Applicable fees are set out in the Revolut X Fees Page, which forms part of this Agreement. We may update our fees at any time and without notice.

7. Withdrawing cryptoassets

You may withdraw cryptoassets directly from or to an external wallet using your Revolut X account.

Withdrawing cryptoassets to an external wallet

If you are in an eligible location with an individual account (please refer to the FAQs), you can withdraw your cryptoasset balance to an external wallet. We will tell you which cryptoassets we support for withdrawals within Revolut X.

A fee applies for withdrawals, which will always be shown to you in the platform before you submit your instruction. This fee consists of the network fee charged on the blockchain, which we incur and pass on to you for processing this transaction, and an additional service fee which we may charge you for facilitating this transaction.

The network fee shown to you is an estimate based on the network fees for on-chain transactions at the time you place your withdrawal instruction. Our estimate may turn out to be higher or lower than the network fee we ultimately incur, as it may depend on network congestion and whether we batch your withdrawal with other transactions. If the network fee you pay exceeds the final network fee that we incur, we will keep the difference.

Blocking, freezing, and returning withdrawals

To meet our regulatory obligations, we may be required to:

Collect certain information from you before or after processing your withdrawal to an external wallet, and share that information to the host of that external wallet.

We may freeze or return an attempted withdrawal from you, where:

You do not provide the information we need to process or release a withdrawal, or we have good reason to suspect that information you have provided is incorrect or false.

The host of an external wallet rejects and returns your withdrawal from us.

We also apply financial crime and sanctions checks to withdrawals, which may result in us:

Freezing a withdrawal, and asking you for additional information before processing or releasing it.
Blocking withdrawals from certain external wallet addresses.

When a withdrawal is blocked, frozen, or returned, we will store and process this information in accordance with our legal and regulatory obligations. We may also share this information with other companies in the Revolut group for financial crime prevention purposes.

Refusing your instructions

We may refuse your instructions to withdraw cryptoassets when:

There are not enough cryptoassets available in your pocket.
We, or one of the exchanges or third parties we work with to provide our crypto services, are not available (for example, due to service disruption or scheduled maintenance).
We have good reason to suspect that your instruction was for illegal purposes (for example, to commit fraud).
We have good reason to believe that your instruction could badly affect our reputation or goodwill.

Limits

We may limit the amount of cryptoassets you withdraw. We will tell you the amount of any limit before we accept your instruction.

Liability

We are not liable for any losses you or others incur related to a withdrawal of cryptoassets to or from an external wallet, including as a result of the following:

You withdraw cryptoassets to an external wallet that is owned and controlled by you and the cryptoassets are lost after the transfer is completed (for example, you then send the assets from your external wallet to a recipient that turns out to be a fraudster)
A withdrawal is blocked, frozen, or returned.
We refuse your instructions to withdraw cryptoassets.
You withdraw cryptoassets to an external wallet that is not owned and controlled by you, or which you are unable to access, or which does not support the assets being withdrawn.

Please remember that we will not be able to reverse any withdrawals as these transactions are irreversible. So, please check that you enter the correct withdrawal address before you submit your instructions. We will not be responsible for any losses you may suffer as a result of making a mistake entering the withdrawal address.

Cancelling your instructions

Because cryptoasset transactions are irreversible, you cannot cancel your instruction to withdraw cryptoassets once we have accepted it.

For more details on our cryptocurrency transfer services please refer to our Transfer Services Policy.

8. Available cryptoassets

Our Revolut X Services are available only in connection with the supported cryptoassets displayed in Revolut X. We may add support for new cryptoassets at any time and without notice. From time to time, we may have to delist a cryptoasset.

When we announce that a cryptoasset is going to be delisted:

You may no longer be able to buy that cryptoasset on Revolut X, and we may cancel any open orders you have placed to buy that cryptoasset.
We may give you the opportunity to sell that cryptoasset, or to withdraw that cryptoasset to your cryptoasset pocket in the Revolut app, where you may be able withdraw it to an external wallet (if we support withdrawals for that cryptoasset in your geographic location), before the delisting takes effect;

On the day the delisting takes effect, the cryptoasset will be removed from Revolut X. If you still hold any cryptoassets in your Revolut X account being delisted on that date, you agree that we may, and instruct us to:

Cancel any open orders for that cryptoasset.
Withdraw that cryptoasset from your Revolut X account to your cryptocurrency pocket in the Revolut app, and convert them into the base currency of your Revolut account at the exchange rate (as defined in the Cryptocurrency Terms) that applies at the conversion is made.

We will do our best to give you advance notice of a delisting, although this might not always be possible where, for example:

There is a sudden change in laws or regulations that impacts the regulatory status of a cryptoasset, or which means we can no longer support that cryptoasset.
A cryptoasset changes the way it functions or its name.
The third parties we work with to provide Revolut X Services stop supporting the cryptoasset.

In addition to those above, there can be many different reasons for a delisting, such as:

The available liquidity for the cryptoasset breaches our requirements, or otherwise presents risk to us, our users, or other third parties we work with to provide Revolut X Services.
The cryptoasset can be susceptible to price manipulation because, for example, it has very low value or liquidity.

The cryptoasset has security vulnerabilities, or is the subject of fraud or other abuse.

9. Access

When we may suspend or terminate your access to the Revolut X Services

We will try to give you two months’ notice if we need to end the Revolut X Services. However, we may immediately, and without notice, suspend or terminate your access to Revolut X and use of the Revolut X Services, if any of the following apply:

Your account with your Revolut account offering entity has been suspended or terminated.
We suspect that you are behaving fraudulently or otherwise criminally.
You haven’t given us information we need, or we believe that information you have provided is incorrect or not true.
Your use of the Revolut X Services breaches these Terms or the Trading Rules (for example, we have good reason to believe that you have engaged in market manipulation, or abusive use of the Revolut X Services).
We’ve suspended or terminated your access to our crypto services in accordance with the Cryptocurrency Terms.
You have died.
You’ve been declared bankrupt (or the equivalent in the country you live in).
We have good reason to believe that your use of the Revolut X Services could damage our reputation or business, or negatively affect us or any of our services.
We have to do so by law.

What happens if we suspend or terminate your access to the Revolut X Services?

If we suspend or terminate your access to our crypto services for any of the reasons above, this may result in:

Your access to the Revolut X Services, or crypto services we offer under the Cryptocurrency Terms, being blocked in future.
Your access to any services offered by other companies in the Revolut group being blocked, suspended or terminated immediately.

If your access to the Revolut X Services is terminated, you instruct and authorise us to withdraw the cryptoasset and money balances from your Revolut X account to your cryptocurrency pocket in the Revolut app and your Revolut account, respectively.

10. Changes to these Terms

We can change these Terms, but we’ll only do it for the following reasons:

To make them easier to understand or more helpful to you.
To reflect the way our business is run, including to reflect our appetite to risk or our internal processes, or changes in the way a financial system or technology is provided.
To reflect legal or regulatory requirements that apply to us.
To reflect changes in the cost of running our business.
Because we are changing or introducing new services or products that affect our existing services or products covered by these terms.

If we add a new product or service that doesn’t change our existing Terms, we may add it immediately and let you know before you use it. We will do our best to give you advance notice (usually within 30 days) before we make any changes, unless the change is for your benefit, in which case we will give you notice but we may apply this change sooner.

However, we do not guarantee that we will always be able to notify you in advance of the changes we make in an emergency (for example, where there is a sudden change in applicable laws and regulations). If you don’t like the changes, you can end your Agreement with us. We’ll assume you’re happy with the changes unless you tell us otherwise once we notify you of the changes.

11. Personal Data

We process your personal data to provide Revolut X Services to you, and may share it with companies in the Revolut group for financial crime prevention purposes. For more information about how we process your personal data, please see our Customer Privacy Notice.

12. Service and Network Impact Incidents

What happens if there is a service impact incident?

A service impact incident is any event that affects the operation or availability of the Revolut X Services. We will do our best to let you know in advance of a service impact incident taking place. For example, sometimes we’ll suspend the Revolut X Services to perform scheduled maintenance (for example, so that we can make technical changes, add new features, and make sure the service runs smoothly or improve its security). We’ll try to keep any suspension as short as possible.

We’ll try do our best to let you know in advance of a service impact incident taking place, although we might not be able to do so in an emergency, for example when there is an unexpected system failure or outage affecting the Revolut X Services, or any third party we work with to provide the Revolut X Services. When a service impact incident occurs, we’ll take any appropriate action provided for in these Terms or the Trading Rules.

What happens if there is a fork?

A fork is a sudden change in how a cryptoasset works. A fork may seriously change the function, value or even the name of a cryptoasset. If this happens, we’ll speak to our partnered cryptoasset exchanges and work out the best approach for our customers.

Unfortunately, for reasons beyond our control, a fork may cause one cryptoasset to be split into two cryptoassets. If this happens, the following may apply, as we see fit:

You may get a balance in one of those two cryptoassets that our partnered exchanges decide to support as the main cryptoasset.
You may not get any or all of the two new cryptoassets (for example, if we decide not to support those cryptoassets).

A fork can also affect the exchange rate of your cryptoasset.

What happens if there is an airdrop?

A cryptoasset airdrop is the practice of sending bonus cryptoasset to existing users in order to promote awareness of the currency in question. This could affect the price or value of the cryptoasset. An airdrop can also affect the exchange rate.

If an airdrop occurs we will make a decision as to whether or not to support it based on technical, compliance and regulatory considerations. We do not guarantee that we will support an airdrop, and you will forfeit any entitlement to cryptoassets that we don’t support.

What happens if there is a “buyback-and-burn”?

In most “buyback-and-burn” cryptoasset models, a network generates income in one cryptoasset token and uses the proceeds to “buy-back” and “burn” its own native token. The intent is to increase the value of the cryptoasset by reducing its supply as income grows. Reducing the supply may increase the value of this cryptoasset token but it may also affect its availability. A “buyback-and-burn” can also affect the exchange rate.

What happens if there are other types of network impact incidents?

Cryptoassets are software based. This means they are prone to bugs, viruses, and security or other network impact incidents like any other piece of software. These might impact our ability to provide the Revolut X Services too. If they do, we’ll take any appropriate action provided for in these Terms or the Trading Rules.

13. Liability

We’ll do as much as reasonably possible to make sure that the Revolut X Services are not interrupted, are secure and virus-free, and are accessible at a reasonable speed. However, we can’t promise that this will always be the case.

We will only be responsible for foreseeable losses

If we don’t meet our obligations under these Terms, we will not be responsible for any loss that we couldn’t have thought you’d suffer at the time we entered into the Agreement with you. We will not be responsible for any losses you suffer as a result of a service or network impact incident that we have let you know about in advance (for example, scheduled maintenance), or that incident taking longer to resolve than we told you it might.

Nothing in these Terms removes our liability for:

loss of cryptoassets held in our custody arising as a result of an incident that is attributable to us; or
death or personal injury resulting from our negligence or for fraud or fraudulent claims and statements.

Are we liable for events outside of our control?

Although we do our best to provide our crypto services to you, there is a risk of events outside of our control occurring. These could impact the Revolut X Services or cause you loss. We are not liable if this happens. For example, this could happen when there is:

A service or network impact incident (see some non-exhaustive examples above).
A change in law or regulatory requirements.

We will not be liable for any direct or indirect losses you suffer as a result of events outside of our control that affect cryptoassets in any way (e.g. name, value, function, legality or availability). We will also not be liable for any direct or indirect losses you suffer as a result from technical problems or errors with the Revolut X Services or the systems of any third parties we work with to provide Revolut X Services, which are outside of our control.

Will we let you know if certain events are affecting your cryptoassets?

We will try to provide you with information on any events impacting your cryptoassets. However, we don’t guarantee that we will. It is your responsibility to make yourself aware of, and consider how to deal with, any events that may affect your cryptoassets in any way.

You should do this before using our Revolut X Services, and at regular intervals while you’re holding crypto products (remember, the market can go down, as well as up, very quickly).

Please consider whether you should get independent financial or legal advice before investing in cryptoassets.

When you might be responsible for our losses

You may be responsible to us for certain losses. If you break these Terms or the Trading Rules, and this causes us to suffer a loss, the following will apply:

You will be responsible for any losses we suffer as a result of your action (we will try to keep the losses to a minimum).

If your actions result in us losing profits, you may also be responsible for those losses, unless this would mean that we are compensated twice for the same loss.

You will also be responsible for any reasonable legal costs that arise in connection with our losses.

14. Complaints

We always do our best, but we realise that things sometimes go wrong. If you have a complaint, please contact us and we’ll try to put things right.

Complaints about Revolut X Services that relate to cryptoassets (for example, services that allow you to buy, sell, top-up, withdraw cryptoassets using your Revolut X account) can be made by one of the following methods:

Online form

The most efficient way to make a complaint is to use this online form.

2. By email

You may also submit a complaint to us by sending an email to the following email address: [email protected] either by filing this form or as a free form email.

We’ll look into your complaint and respond to you by email.

We will communicate with you in English, or in the language in which you filed your complaint, provided that it is one of the official languages of the EEA.

Complaints about Revolut X Services that relate to money (for example, services that allow you to top-up and withdraw money balances using your Revolut X account) are governed by the Personal Terms of your Revolut account offering entity. Please refer to the Personal Terms that apply to your Revolut account for more information about how to make a complaint, and how you can refer the matter to the Financial Ombudsman Service if you are unhappy with how we deal with your complaint.

We are only responsible for dealing with complaints about our crypto services. If you have a complaint about a service provided to you by a different Revolut group company, you will need to contact that company instead. But don’t worry, if you use this online form, tell us the country where your Revolut account is registered, and the service your complaint relates to, it will get sent to the right place.

15. Disclaimers

Data

Any market data we make available to you via Revolut X is indicative and subject to change without notice. We do not guarantee that any market data made available to you is free of errors, uninterrupted, or timely. You must make your own assessment of the relevance, timeliness, accuracy, adequacy, commercial value, completeness and reliability of any market data made available to you. We won’t be liable for any direct or indirect losses you suffer as a result of you acting on any market data, or other estimate, indications, or information made available through Revolut X.

Tax

Your use of the Revolut X Services (including to buy or sell cryptoassets) may give rise to tax liability. We are not responsible for assessing your tax liability, collecting tax from you, making any payments on your behalf, or providing any reports relating to tax. If you require advice on your tax liability arising from your use of our crypto services, consult an independent tax advisor.

No advice

We do not provide any investment advice relating to our Revolut X Services. You should carefully consider whether your personal situation and the financial risks you are willing to take mean that you should not buy cryptoassets. You may want to speak to an independent financial adviser.

To make sure you have safe access to our crypto services, download any updates for your device or the Revolut app as soon as they become available.

16. Legal bits and pieces

Our Agreement with you

Only you and we have any rights under this Agreement. This Agreement is personal to you and you cannot transfer any rights or obligations under it to anyone else.

Our right to transfer

We will only transfer any of your and our rights or obligations under this Agreement if we reasonably think that this won’t have a significant negative effect on your rights under these Terms, or we need to do so to keep to any legal or regulatory requirement. When we transfer rights and obligations we call this ‘novation’. When we only transfer rights, we call this ‘assignment’.

Cypriot law applies

The laws of Cyprus apply to this Agreement. You will benefit from any mandatory provisions of the law of the country in which you are resident. Nothing in these Terms affects your rights as a consumer to rely on such mandatory provisions of local law.

The English version of this Agreement applies. If these Terms are translated into another language, the translation is for reference only.

Our right to enforce the Agreement

If you have broken this Agreement and we don’t enforce our rights, or we delay in enforcing them, this will not prevent us from enforcing those or any other rights at a later date. This is also the case if we have any legal rights that we don’t enforce straight away.

Taking legal action against us

If you want to take legal action against us in the courts, only the courts of Cyprus can deal with any matter relating to these Terms. If you live in another country, you may be able to take other action in the courts where you live.